Specialists Forecast the Future of NIL Legislation: Insights and Implications
As the landscape of college athletics continues to evolve, a significant development stands poised to reshape the industry: Name, Image, and Likeness (NIL) laws. These regulations allow collegiate athletes to profit from their personal brand, a stark departure from longstanding NCAA rules barring student-athletes from earning income related to their athletic prowess. The momentum for NIL regulation gained traction after California passed the Fair Pay to Play Act in 2019, permitting college athletes to sign endorsement deals and hire agents starting in 2023. This groundbreaking shift triggered a domino effect with multiple states enacting similar … Read more